The U.S. Senate Committee on Banking, Housing, and Urban Affairs is one of twenty Senate committees tasked with conducting Senate business related to specialized areas of legislative interest. Although the Senate has a longstanding history of writing and passing legislation focusing on our nation’s banks, the Senate Banking Committee was not formally established until 1913, with Senator Robert Owen of Oklahoma, sponsor of the landmark Federal Reserve Act, as its first Chairman; since then, the Committee has undergone various transformations and reorganizations. Now known as the Committee on Banking, Housing, and Urban Affairs to underscore the diversity of issues under its purview, the Committee plays an integral role in managing legislation that affects the lives of many Americans. These areas of jurisdiction include, but are not limited to: banking, insurance, financial markets, securities, housing, urban development and mass transit, international trade and finance, and economic policy.
The Senate Committee on Health, Education, Labor, and Pensions has jurisdiction over most of the agencies, institutes, and programs of the Department of Health and Human Services, including the Food and Drug Administration, the Centers for Disease Control and Prevention, the National Institutes of Health, the Administration on Aging, the Substance Abuse and Mental Health Services Administration, and the Agency for Healthcare Research and Quality.
The Committee on Agriculture, Nutrition and Forestry is a committee of the United States Senate empowered with legislative oversight of all matters relating to the nation’s agriculture industry, farming programs, forestry and logging, and legislation relating to nutrition and health.
The Senate Committee on Indian Affairs has jurisdiction to study the unique problems of American Indian, Native Hawaiian, and Alaska Native peoples and to propose legislation to alleviate these difficulties. These issues include, but are not limited to, Indian education, economic development, land management, trust responsibilities, health care, and claims against the United States. All legislation proposed by Members of the Senate that specifically pertains to American Indians, Native Hawaiians, or Alaska Natives is under the jurisdiction of the Committee.
Senator Smith is the chair of the Subcommittee on Housing, Transportation, and Community Development. The subcommittee oversees all federal housing and transit programs. Sen. Smith understands the crucial importance of housing and transit to Minnesota’s rural, urban, and suburban communities, and the power of these federal programs to improve the lives of Minnesotans.
Senator Smith is the Chair of the Subcommittee on Commodities, Risk Management, and Trade. As Chair, she will advocate for provisions that benefit Minnesota farmers and use the platform to promote the importance of agriculture exports, which account for over 1/3 of Minnesota’s total exports. Additionally, she will push for more open foreign markets and strong crop insurance and commodity programs that help farmers in Minnesota and around the country manage uncertainties in the market.